Pitches

We’re always on the lookout for new products to feature. That said, we have very strict criteria regarding what makes it on the site. Firstly, every item has to be made in a responsible manner – that means no sweatshops, a low environmental impact, and nothing disposable. Secondly, items must be aesthetically pleasing. And thirdly, items must be reasonably priced for what they are.

If your product(s) meets that criteria, then send your pitch to pitches@well-spent.com. Please note that due to the high volume of emails we receive, not every pitch will be responded to. Also, if you’re emailing us about a slim wallet you’re funding on Kickstarter, your email will be ignored. The world does not need another Kickstarter-funded slim wallet.

All pitches made via Well Spent’s Twitter, Facebook, and Instagram will be ignored.

Advertising

We apply the same criteria to our advertisers that we do to the products we feature. If your brand or product meets that criteria, and you’re interested in learning more about advertising on Well Spent, send an email to brad@well-spent.com.

Please note that we do not post sponsored content. The only type of advertising we offer are banner ads.

The last time we checked in with H&M, the retailer was sitting on over $4.3 billion of unsold inventory. Well, according to a pair of recent stories at Racked and Reuters, that mountain of deadstock is doing some serious damage to the company’s once-unflappable bottom line.

“H&M plans to cut prices further as supply problems hamper the Swedish company’s ability to respond to fast-changing fashion demand, swelling its stockpiles of unsold clothing,” Reuters said, while Racked added that the company “reported that profits have declined 21 percent.”

“The company believes these cuts will appeal to shoppers already looking for steep discounts, and will simultaneously help it get rid of the inventory problem.”

Regardless if the markdowns trigger sales, however, the company’s supply chain will still be a problem for the brand going forward (and not just because it’s an eco / ethical disaster). “H&M’s price-slashing strategy might help it get rid of a pile or two of pants and tees,” Racked writes, “[but] its design and business strategy has actually slowed in comparison to competitors,” and as Asos and Boohoo have shortened their turnaround time to weeks, H&M still “runs much of its production cycle on a six-month schedule.”

“[H&M’s supply] chain is becoming irrelevant because warp-speed, low-priced clothing is now ubiquitous and sales have moved online” one analyst told Racked. “H&M, the founder of fast fashion, is now too slow.”